this post was submitted on 22 Jul 2023

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Spotify’s first US price hike for Premium is coming next week (www.theverge.com)

submitted 3 years ago by schizoidman@lemmy.ml to c/technology@lemmy.world

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[–] slapchop@lemmy.world 13 points 3 years ago (3 children)

They sell those at a loss to bring in customers to buy other higher margin items. What else is Spotify selling?

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[–] kiddblur@lemm.ee 9 points 3 years ago

Ads on podcasts, even for premium members

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[–] ShakeThatYam@lemmy.world 6 points 3 years ago

Costco doesn't have high margins on any of their items. They have like a max of 15% markup. They make their money off the membership.

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[–] kiddblur@lemm.ee -4 points 3 years ago

Ads on podcasts, even for premium members

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